India: Spot rubber regains strength

Spot rubber regained strength in the absence of sellers on Wednesday. RSS 4 improved to ₹131.50 (131) a kg, according to traders. The grade was steady at ₹131 according to the Rubber Board. RSS 4 firmed up at its August futures to ₹132.25 (131.29) and September to ₹130.27 (129.82)on the National Multi Commodity Exchange (NMCE).Spot rubber rates (₹/kg) were: RSS-4: 131.50 (131); RSS-5: 129.50 (129); ISNR 20: 129 (129.50) and Latex (60% drc): 88.50 (88.50).